Geode Capital Management LLC Increases Holdings in HA Sustainable Infrastructure Capital, Inc. $HASI

Geode Capital Management LLC lifted its position in HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) by 1.9% in the 4th quarter, HoldingsChannel reports. The firm owned 2,944,810 shares of the real estate investment trust’s stock after purchasing an additional 54,898 shares during the quarter. Geode Capital Management LLC’s holdings in HA Sustainable Infrastructure Capital were worth $92,572,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter valued at $27,000. Hantz Financial Services Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,142 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter valued at $67,000. Quadrant Capital Group LLC purchased a new position in HA Sustainable Infrastructure Capital during the third quarter valued at approximately $72,000. Finally, International Assets Investment Management LLC acquired a new position in HA Sustainable Infrastructure Capital in the fourth quarter valued at approximately $113,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on HASI shares. Morgan Stanley boosted their target price on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, May 27th. Royal Bank Of Canada raised their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. The Goldman Sachs Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. UBS Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.90.

HA Sustainable Infrastructure Capital Stock Down 3.9%

Shares of HASI opened at $38.67 on Friday. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital, Inc. has a 12 month low of $24.38 and a 12 month high of $44.13. The stock’s 50 day moving average is $40.03 and its two-hundred day moving average is $36.52. The firm has a market cap of $4.97 billion, a P/E ratio of 110.49, a PEG ratio of 1.15 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The company had revenue of $124.23 million for the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.7 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be paid a $0.425 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.4%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 485.71%.

HA Sustainable Infrastructure Capital Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.